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NSE introduces ‘New Gold Traded Fund’ for investors

Market capitalisation drops marginally by N1 billion AS part of its efforts to offer investors new windows to diversify their portfolio, the Nigerian Stock Exchange (NSE), yesterday introduced New Gold Exchange Traded Funds to enable investors to invest directly in gold. Speaking during the official introduction of the new product, […]

Market operators expect improved result from Access Bank

Some stakeholders have expressed optimism that Access Bank’s acquisition of Intercontinental Bank would reposition the bank and lead to improved earnings. They told the News Agency of Nigeria in Lagos on Monday that they were anxiously awaiting the fourth quarter result of Access Bank after its acquisition of Intercontinental Bank. […]

Ecobank completes Oceanic Bank’s acquisition

Ecobank Transnational Incoporated and Oceanic Bank International Plc have announced the completion of the recapitalisation of Oceanic Bank and the acquisition of 100 per cent interest in Oceanic Bank by ETI. The two banks during an official signing ceremony of Oceanic Bank’s takeover on Monday stated that all change control […]